Atlanticus Holdings Co. (NASDAQ:ATLCP) Short Interest Update

Atlanticus Holdings Co. (NASDAQ:ATLCP) was the recipient of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 1,675 shares, a drop of 81.3% from the February 12th total of 8,969 shares. Based on an average trading volume of 5,359 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 5,359 shares, the short-interest ratio is currently 0.3 days.

Atlanticus Trading Down 1.1%

ATLCP stock traded down $0.27 during trading on Tuesday, hitting $24.22. 7,851 shares of the company traded hands, compared to its average volume of 6,203. The company has a 50-day moving average of $24.51 and a 200-day moving average of $24.20. Atlanticus has a 1 year low of $21.66 and a 1 year high of $25.00.

Atlanticus Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Sunday, March 1st will be given a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend is Friday, February 27th.

Atlanticus Company Profile

Atlanticus Holdings Corporation, through its subsidiaries, provides consumer financial products and services in the United States. The company specializes in originating, underwriting and servicing unsecured credit card receivables for non-prime consumers nationwide. Atlanticus partners with independent sales organizations and program managers to deliver private-label and co-branded credit card programs under the Mastercard and Visa networks.

Beyond card issuance, Atlanticus operates a technology-driven servicing platform that manages billing, collections and customer support for both proprietary and third-party credit programs.